The S&P 500 is considered to be one of the best gauges of market movement. And from its all-time high of 3,393 on February 19, the index crashed 35% in a matter of weeks.
Since then, however, things have turned around. From its March 23rd lows, the S&P has mounted a 25% rise at the time of writing.
Investors are clinging to the bullish bounce, question after question floating through their minds…
Will the jump continue? Is the market bottom in? Is it time to load up on stocks?
For the answer, we look to the technicals – and they’re shaking their heads from left to right. The recent run up has no staying power. Another down-leg is likely.
But you don’t have to fear another bearish drop. This time, we know it’s coming – and with the strategy I’m going to show you today, you could profit even more than if the bullishness were to continue.
In fact, this trade could hand you a 327% gain in two-months’ time…
I want to thank each and every one of you who tuned into my Markets Live with Money Morning stream today at 11, especially those who’ve been with us from the beginning.
Unfortunately, there were some technical difficulties with the audio in my home studio, and the broadcast just didn’t work out. I’m sorry about that – that’s life under lockdown for you!
But, just to make sure you’re armed with everything you need to trade and invest profitably today, I made a quick five-minute video that hits all the major points I wanted to make today.
You can view it and get caught up here.
Stocks opened Monday morning in opposite fashion of how they spent Friday.
After a week-long 2%-plus fall, the Dow Jones regained all of the week’s losses – and then some, shooting up over 600 points at the sound of Monday’s opening bell.
The markets are reacting to every headline they see – making stocks as unpredictable as ever.
With an ongoing oil feud and earnings reports hitting the scene later this week, investors have no idea what to expect from this touch-and-go market.
But that’s why I’m here.
Today, I’m going to tell you exactly where I expect markets to go today, this week, and for the rest of the month.
Let’s get started…
Investors are caught like a deer in headlights.
It could take years for the market to recover from where it was a couple of months ago.
And while these investors are sitting on their hands and waiting… they are missing some of the best trading opportunities they could see in their lifetimes.
There’s money to be made in this downturned market – you just have to know where to find it.
Well, I’ve done the work for you.
Here are 15 stocks that are about to soar – creating some of the best trading opportunities I’ve ever seen…
When you’re stuck at home day in and day out, your thoughts tend to wander. And mine have been stuck on this market.
We’re more than 20% down from recent market highs – the flat-out definition of a bear market.
But at the same time, stocks have begun to rally. As I’m writing, we’re around a 20% retracement from recent market lows as well.
Now, typically, I wouldn’t buy this rally. But it’s definitely testing me…
Are we in the midst of a bear market or a bull market? Each side has a solid argument backing it up – but today, I’m going to tell you my take.
This is where the market is headed next…
Just last week, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite had undergone a peak-to-valley pullback of 30% since mid-February. That’s nearly a third off the highs from only 30 trading days ago.
And it’s a fast drop that’s affecting just about everyone’s bank account.
Sure, stocks have risen since then. But we could still go down from here… even further than we already have.
Friends of mine are starting to call their 401(k)s 201(k)s – and they’re all asking me the same thing:
What will I do now?
My go-to answer here would be to trade. And I’ve recorded all of my most potentially lucrative trading income secrets for you in my America’s #1 Pattern Trader Cash Course. Learn how to claim access for just $1 right here.
But most people can’t trade their 401(k)s, depending on who they’re administered by.
So the next step would be to call your financial advisor – and ask them these three questions…
The Dow is on track for its best week since 1938 – but that doesn’t mean it’s all blue skies ahead.
Last week’s unemployment claims, released Thursday morning, soared to an unprecedented number of 3.3 million – the highest in history. Second place isn’t even close, with the previous high sitting at just 695,000 in 1982.
Never in my lifetime could I have imagined an event like this. With businesses across the country shutting down, the economy is in danger of plunging into a full-blown recession – and there seems to be nothing we can do to stop it.
The word “recession” is scary. But it’s not the end of the world… not even close.
In fact, you could come out of it even stronger than you were before.
Here’s how you can make a short-term profit on the market’s fall – and a long-term profit on its eventual recovery…
Bonds often get a bad rap.
A treasury bond is a government debt security that you can buy and sell just like a stock. But it offers lower yields, making it a much less attractive investment.
What many people don’t know is that bonds are actually a vital source of revenue. They help to keep the lights on for governments, states, and corporations…
And they offer an ideal safe haven in bearish market conditions.
With all three major indices down more than 20% from their recent highs, markets have officially entered bearish territory – making now the perfect time to get into bonds.
You don’t have to worry about lower yields, either.
With bonds, you can come to the aid of your country, profit from rising prices, and dramatically increase your annual returns.
I’ve found a pattern in the market’s drastic movement these past few weeks.
It seems we’re in a constant downtrend. Markets will fall, sometimes as low as their limit-down price, just as the Dow did before the market opened Monday morning.
Then, with any good news, we see a violent pop – like the Dow’s 1% jump after the Federal Reserve unveiled unlimited asset purchases…
Only to resume the freefall again, shortly after.
Now, I expect this trend to continue. But it’s not the only pattern making itself clear right now…
In my latest update, we took a look at these patterns – and how we can use them both to save money and profit off the continued volatility.
You can check it all out right here…
I've been trading for over 30 years now, and sometimes, it feels like I've seen everything. But this month has been a serious reality check. For as long as I've been alive, I've never seen anything like this. All major indices have hit new...
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